Tag Archives: faces

Elon Musk could face paying billions after walking away from the Twitter deal.Angela Weiss/Getty Images Elon Musk may be on the hook for billions after abandoning his Twitter deal, an NYU professor said. Musk walked away from the deal Friday, blaming its failure to disclose the number of fake accounts. Experts told Reuters that Twitter may try to negotiate a lower price with the Tesla CEO. Elon Musk could face paying out billions of dollars after walking away from a deal to buy Twitter, an… Source link

(Bloomberg) — SoftBank Group Corp. founder Masayoshi Son is used to praise and encouragement from shareholders. But the company’s loss of $34 billion in market value over the last year is a test for even his most faithful admirers when they gather for the annual shareholders’ meeting on Friday. Most Read from Bloomberg Investors stuck by Son when SoftBank announced a holding company strategy in 2015 to hive out its staid but profitable domestic telecom business to become the world’s… Source link

This is also not the first time Google has shut down an office in Moscow. In 2014, it moved its engineers out of the city to protest new data protection rules. But in recent years, the stakes have become higher. In September 2021, Russian authorities visited the home of one of Google’s top executives, telling her to delete an app linked to activist Alexei Navalny from the Google Play Store or face prison. When Google put the executive up in a hotel under a different name, the same agents… Source link

Google is facing a new class-action style lawsuit in the UK in relation to a health data scandal that broke back in 2016, when it emerged that its AI division, DeepMind, had been passed data on more than a million patients as part of an app development project by the Royal Free NHS Trust in London — without the patients’ knowledge or consent. The Trust was later sanctioned by the UK’s data protection watchdog which found, in mid 2017, that it had breached uk data protection law… Source link

Donald Trump is testing his political strength for the second straight week Tuesday, this time in Nebraska, where the former president is backing a candidate for governor accused of sexually assaulting multiple women. Trump’s pick in the tight three-way GOP gubernatorial primary is cattle producer and businessman Charles Herbster, who had been leading the field of Republicans running for governor. But in mid-April a Republican state senator, Julie Slama, and seven other women said Herbster… Source link

OAKLAND, Calif., May 9 (Reuters) – Dating apps maker Match Group Inc (MTCH.O) sued Alphabet Inc’s (GOOGL.O) Google on Monday, calling the action a “last resort” to prevent Tinder and its other apps from being booted off the Play store for refusing to share up to 30% of their sales. Match’s lawsuit is the latest to target Google’s allegedly anticompetitive conduct with the Play store, joining ongoing cases brought by “Fortnite” maker Epic Games, dozens of U.S. state attorneys general and… Source link

The Google app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register OAKLAND, Calif., May 2 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Monday it had recently fired a senior engineering manager after colleagues, whose landmark research on artificial intelligence software he had been trying to discredit, accused him of harassing behavior. The dispute, which stems… Source link

The first bus of migrants from Texas’ southern border arrived in Washington, D.C., on Wednesday morning, one week after Texas Gov. Greg Abbott vowed to send migrants to the nation’s capital. in protest of President Biden’s immigration policies. However, despite Abbott’s pledge to deliver the migrants to “the steps of the United States Capitol,” they were reportedly dropped off nearby, outside Fox News’ D.C. bureau. According to CNN, at least five of the migrants who disembarked… Source link

Sanctions on Russia have effectively isolated Vladimir Putin’s country from the global economy, with the country at increased risk of not being able to pay its bills. The major credit rating agencies have begun the process of declaring the country in default, which generally refers to a government unable to meet obligations on its debt. The agencies add that further sanctions at the end of May will further ratchet up pressure on Russia. On Friday, S&P Global Ratings downgraded Russia’s… Source link

(Bloomberg) — For years, the U.S. warned Germany of building up a dangerous energy dependence on Russia, the source of more than half of its fossil fuel imports. Now that the war in Ukraine has shocked Berlin into the same conclusion, the government is finding that changing course might be too late. Most Read from Bloomberg Europe’s largest economy is facing up to the prospect that the bulk of its natural gas and coal supplies could get choked off, ripping through its industrial base and… Source link